What You Need to Know:
- FCC begins approving funding to boost telehealth during coronavirus pandemic just three days after the opening of the application window.
- Congress appropriated $200 million for the FCC to support health care providers’ use of telehealth services during this national emergency.
The Federal Communications Commission’s Wireline Competition Bureau today approved six funding applications for the COVID-19 Telehealth Program. Healthcare providers in some of
Read More
4 Hospitals Leveraging Social Media to Improve Patient Engagement
Social media is an essential online marketing and outreach
tool for any organization that wants to connect to the largest audience
possible. However, health organizations — like
hospitals — can face unique challenges in managing social media,
which can make effectively leveraging these tools less straightforward.
Many large hospitals have been successful in making social media work for them. As a result, they've provided a template that other healthcare
Read More
Waystar Launches AI/RPA Platform to Automate Revenue Cycle Processes
- Waystar Launches Hubble, an artificial intelligence and automation platform, Hubble that automates revenue cycle processes to help providers collect payment faster and more effectively.
- The platform uses AI to help providers fix outdated and inefficient billing processes -- helping hospitals that are struggling financially, as well as helping patients avoid issues like surprise medical bills, by improving accuracy and price transparency.
Waystar, a Chicago, IL-based provider of
Read More
Report: Digital Health Tools Fail to Keep Up with Patients’ Expectations
- New research report from the Center for Connected Medicine (CCM) finds that health system apps and other digital health tools for patients are not providing the best consumer patient experience.
- CCM partnered with HIMSS Media to conduct a survey of 136 qualified professionals at U.S. hospitals and health systems in September 2019.
- The report reveals that fewer than 1 in 3 respondents believe their organization is providing a best-in-class digital experience for patients. The result
Read More
3 Underfunded Areas Essential To The Success of Value-Based Care
- Third annual Top of Mind for Top Health Systems survey from the Center for Connected Medicine (CCM) reveals value-based care depends on three underfunded technologies. - KLAS Research shows patient engagement, data analytics, and precision medicine drives better treatments, but barriers remain.As healthcare continues to shift toward value-based care, technology that boosts patient engagement, harnesses all available data for informed decision-making and enables more effective treatments will
Read More
AI in Healthcare Is Exciting, However, It Is No Reason to Overpay For It
Irv Lichtenwald, President & CEO of Medsphere Systems Corporation
Eventually, many conversations about artificial intelligence (AI) include HAL.
An acronym for Heuristically programmed ALgorithmic computer, HAL played a prominent and disconcerting role in Stanley Kubrick’s mind-bending 1968 film 2001: A Space Odyssey. In the film, sentient computer HAL learns that the humans suspect it of being in error and will disconnect it should that error be confirmed. Of course,
Read More
Pittsburgh Health Data Alliance, Amazon Partner on Machine Learning Research Sponsorship
Pittsburgh Health Data Alliance (PHDA) announced today that it is working closely with Amazon Web Services (AWS), an Amazon.com company, through a machine learning research sponsorship, to advance innovation in areas such as cancer diagnostics, precision medicine, voice-enabled technologies and medical imaging.Leveraging Machine Learning to Power Medical ResearchA unique consortium formed four years ago by UPMC, the University of Pittsburgh and Carnegie Mellon University (CMU), the PHDA uses
Read More
Philips Acquires Patient Navigation Platform Medumo
Philips has acquired Boston-based patient navigation platform Medumo for an unclosed sum, according to CBNC reports. Founded in 2013, Medumo helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. The company has raised a total of $2.1M. Its patient navigation platform ensures that patients appropriately schedule, show up on time, have all their pre-appointment tasks completed, and continue to follow instructions when they go home after their
Read More
Waystar Acquires AI Firm Digitize.AI to Tackle Prior Authorizations
Bain-Capital-backed revenue cycle management company Waystar is acquiring Digitize.AI, an artificial intelligence firm, to enable faster and smarter prior authorizations in healthcare – one of the largest pain points for both providers and consumers.Financial Impact of Prior AuthorizationsPrior authorizations, the process by which insurance companies and payers determine if they will cover a prescribed procedure or medication, are meant to help patients avoid surprise bills and unexpected
Read More
Digital Prescribing Platform Xealth Raises Additional $3M to Close $14M Series A Round
Xealth, a Seattle-based digital prescribing platform has raised an additional $3 million in its Series A financing, bringing the amount raised in this round to $14 million total. New investors Atrium Health, Cleveland Clinic and MemorialCare Innovation Fund join McKesson Ventures, Novartis, Philips, ResMed, Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network. Investments from this round will be used to advance the
Read More
